i guess you are misunderstading the situation...the other party is in the same room with me. if for some reason the transfer does not go through online, i pull the money out of my pocket and give it back to the other party. then we both leave.

So both parties should just say, "no ifs and or buts, I don't send first." So no transactions are ever to take place? And if they do take place, whoever sent first is automatically classified by you as a "pokerdonk".

Your argument is so lame that I have to consider this a pure troll.

OHHHH, now it's totally clear. Because these transaction often have the people "in the same room" lololol. WTF is even going on here?

...
i am not saying that no transfers should occur...i am just saying that they should be guaranteed and secure...this is not a tough concept to understand...poker players cannot be trusted...just read the threads on two plus two....many involve scams and some scams involve "name" players...there was even an online site run by well known pros that stole everyone's money and shut down....there was another site that would allow "superusers" to look at your cards and scam your money...beware....

I think I get it - the point is that these transactions should be guaranteed and secure. Amirite?

- I've been trolled. wpwp

yes...most transactions that i am aware of have occurred in poker rooms where i have been playing and i have seen the money change hands and i have seen the other party pull out their laptop and i assume they were shipping funds...this occurred on a regular basis in houston poker rooms before internet poker effectively was shut down...i was involved in a transaction myself, where i collected cash for my friend while he shipped the money on full tilt...there is no way my friend would have shipped the money if i did not have cash in hand....he did
ot even know the other party. but as soon as i collected the funds, he shipped the online money..2000.00.....if for some reason the transfer was denied, i would have pulled the 2k out of my pocket and gave it back to the random guy...

Seems like you unlocked the secret to never being scammed. Nothing further your honor.

Can you two stop tarding up the thread please?

Back to the original post....Zack needs to pay the money in full.Each party pays their own taxes,if any. This is non-negotiable unless OP agrees to some kind of amendment to the original deal.

Why you never wrote some sort of contract? If you said that all taxes would be paid from that 16k he's right. If not (and you just paid 8k for his ftp account $$) u are right..

if he was living/playing in thailand would there be any tax as he is not working in the US?

It is odd that not a single correct thing about paying taxes on poker winnings has been posted in this thread. You and your friend are either completely ignorant of US tax law concerning poker or you're presenting a fantasy to scam a foreigner. Go check the tax FAQ in the legislation forum. He owed taxes on net winnings in the year he won if filing as a pro. Black Friday was actually on the day he should have filled and potentially owed the taxes. He's already been a tax cheat, potentially. You guys are presenting a story like US players pay taxes on withdrawal and that's untrue. Lots of good posts on 2+2 about taxes and BF. The story he told and you're backing has no basis in facts presented by knowledgeable people on here. IANAL and you should consult a professional.

He may be wrongly scared or he could be lying, but the "he now owes tax" story isn't factual. Again, US taxes are based on money won, not on cashouts.

Isn't it just a classic scammer ploy to say now that the victim has outed him that he won't pay? He wasn't paying before. You're helping with the scam by standing up and pretending the victim is to blame. You've got your buddy's back, and that's noble. You're both wrong. He agreed to pay vig on getting immediate cash on money that might never come. Money in hand he's stealing $4k, giving the excuse of broke or taxes. If I claim to be short cash, can I come to your place and steal something?

No one cares how Zach feels. He can actually fix this, by making good. All the quotes from him and your excuses are classic scammer stuff. We've all seen it a dozen times. You can take the high handed "forum trolls are blowing this out of proportion" line. No reasonable person has agreed with Zach's side. Heck, the OP offered arbitration. Zach said no because he knows he's wrong.

Time for a thread name change, there is now no assumption in this case.

Maybe to Zachary Parker is a thief and a scammer... and also has some very stupid friends?

seems apt.

Great post Doug.

Perfect reply right there ladies and gentlemen.

This. Unfortunately, now is the point of the scam where scammer (and friends) simply disappear and go silent.

Time for this. This guy and his friends need to be outted. This is a straight up hustle. Every bit of this is a scam. I mean come on, he threatens to claim some psychological bull**** if you seek legal action. He makes it known that he is only doing this because he's broke. He (via his friend's 2+2 account) states that he is now entitled to the money because you are outting him on 2+2.

Don't be afraid to drop the hammer on this guy.

Nothing funny about it. He received his money when Tomas gave it to him. He no longer owned these funds.

Yeah, screwed that up. Post deleted.

Wait, you mean the 2p2 mods won't be deleting this thread as kartinken believes will happen? You mean to defame this mans name further???

He is entitled to a fairly large exemption on federal income tax if he is out of the country for more than 330 days of the year.

This post disgusts me. Do you really think people should just quietly accept a 4K loss and chalk it up to being a lesson? You'd be surprised at how often a thread like this will get OP paid the money is owed. At a minimum don't you think that OP has some moral responsibility to alert the community? How many people have been allowed to continue scamming because people didn't say anything?

Would be nice to find out his friends names that are advising against paying as they clearly are comfortable with this fact and who would want to deal with those people as well.

What I also can't believe is how Zach and his friends are so naive with the tax law they think there is any possibility of jail time. Just lol.

Oh well next time if I owe someone money I'll just remember if they call me a name I don't appreciate I now don't owe any money, because, my feelings are hurt.

Parker's alleged friends made no mentions of his psychological instability. If he really were as troubled as he claims surely they would have.

I also want the names of his friends outed. They're not to be trusted either.

I only want the name of his friend if they are somewhat known in poker, so I can revel in the ensuing drama/social pornography that will follow. If they are complete unknowns I don't care.

I am ****ing stunned there is even a debate here.

Speaking general terms, in the US you pay taxes on money earned during that calender year. Exceptions to that don't apply to this situation.

Since Zack is so obviously diligent concerning his taxes it's safe to assume he paid any tax liability owed on the 8.5K he received in 2011 that same year. So those taxes are already paid and he'll have a paper trail to prove that if audited.

Had he wired the full $16K this year he would also be able to show the paper trail for this years taxes.

Zack is seemingly claiming that he guesses it is unlikely that the IRS, if he were audited, would accept his paper trail because such a system could be gamed. To avoid this possibility he's is planning on paying taxes on the full 16K even though he already paid taxes on 8.5K and the other 7.5K wasn't even income. That is ridiculous.

What should have happened, if were concerned w/ taxes, is once he knew the FT funds were coming, consulting an accountant specializing in gambling and get an answer rather than unilaterally declaring he is keeping $4K.

Why can't Zack and those defending him see how this is incredibly wrong? Despite the rule of law being that you only pay taxes on money earned, Zack will pay taxes he clearly doesn't owe. If he's always been as diligent paying taxes as he is now that means he will have paid taxes twice on 8.5K and taxes once on 7.5K that he doesn't owe. Why? Because he's paying with OPs money.

Absolutely. I would never do any sort of business/prop bets/money trades with anyone defending his actions.